High grade core from the Newmont Lake gold property. (Image: Crystal Lake Mining)
BRITISH COLUMBIA – There are high grades to be had at the Newmont Lake gold property, if the current drill results are anything to go by. Owner Crystal Lake Mining Corp. of Vancouver said a hole on the northern extension of the Northwest zone cut 15.11 g/t gold over 8.0 metres, including 76 g/t over 1.0 metre.
A shallower high grade intercept of 7.6 g/t gold, 23.1 g/t silver and 1.03% copper over 5.3 metres starting only 82 metres downhole was also made. The hole contained a higher grade interval of 26.10 g/t gold over 1.3 metre.
Crystal Lake says the discovery of the high grades demonstrates that the mineralized zone actually increases in both width and grade where previous geological models had indicated a narrowing of the zone. Along the Eskay Rift, another hole also encountered gold mineralization in a deeper horizon that had previously was thought to be barren.
The non-compliant historical resource at Newmont Lake is 1.4 million tonnes grading 4.43 g/t gold, 0.22% copper and 6.4 g/t silver. The resource is estimated to contain 6.8 billion lb. of copper, 200,000 oz. of gold, and 291,000 oz. of silver.
Find more information at www.CrystalLakeMining.com.